Austin Condos Real Estate Blog

Eli Manning Sells Condo for Highest Price Ever in Hoboken, NJ

The Giant's starting quarterback sold his waterfront home in Hoboken, NJ for $3.55 million - a record-breaking price for the area. This is the most expensive price anyone had paid for a condo in the city's history. The second most expensive residential sale was $3.3 million back in 2015.  

This stunning three bedroom, three-and-a-half bathroom home in Frank Sinatra's old "hood is in the Hudson Tea Building," which was once the headquarters and factory for ever-popular Lipton Tea. The condo features 10-by-12 foot windows that overlook the Hudson River, a state of the art chef's kitchen, and a master suite wing. 

Manning and wife, Abby McGrew have lived in the condo since 2008 when they moved to accommodate their expanding family. This posh pad has a famous history including, former Giants star Jeremy Shockey, "The Bachelor" star Jesse Palmer, boxer Arturo Gatti and an ex-NJ governor and ex-senator Jon Corzine. 

Are you looking for a Condo in the Austin Area? The Austin real estate market is full of condominiums all vying for the attention of buyers. Our team specializes in condominium listings and sales, and we’re here to help you sort it all out. There’s a lot more to getting the right Austin condo at the best price and without hassles than just loving the floor plan and the view.

We have worked with quite a few Austin condominium buyers, and we’ve found that the way to assure happy clients and repeat and referral business is to provide the most knowledgeable and thorough condominium buyer service package available in the Austin real...

Thinking of buying a Austin area Condo?

Condos aren’t for everyone, but you’ll find that there are a whole lot of people very satisfied with their condominium lifestyle in the Austin real estate market. We wanted to highlight a few things here as tips about a condo lifestyle and whether it’s for you instead of a detached single family home.

It’s not maintenance–free, but it’s close! The condominium association pays for and supervises the exterior maintenance and repairs to all units and common areas. You won’t be mowing the lawn on a beautiful Saturday morning.

You save money on some things. The association normally covers water, sewer, common area and exterior upkeep, and trash services. The fees you pay are normally less than you’d pay individually for these things. You only pay for interior walls and personal belongings insurance, as the association pays to ensure the structures.

You do trade off some control and decision–making ability. There will be rules to keep the exterior look uniform throughout the project, and there will be limits to what you can do to the inside of your unit as well.

Neighbors are closer. With units having common walls, there is more opportunity to get to know your neighbors. The common areas will provide enjoyment for all, but some sharing is necessary.

You have a voice with your vote. As a member of the condo association as an owner, you can participate in decisions that influence your property and how you enjoy your ownership.

Let The Cain Team help you with more information about condominium ownership in the Austin real estate market.

Give our team a call to schedule a no-obligation...

Condo of the Week: Plaza Lofts

PLAZA LOFTS

The Plaza Lofts is a 12-story high-rise condominium at the corner of Guadalupe and W. 5th Street. Developed in 2002, the Plaza was awarded a 4-star rating by the Austin Green Building Program for its eco-friendly design.

The Plaza houses 60 luxury condominium units ranging from 900 to 2,300 square feet in size. Available in studio type and 1-2 bedroom design, buyers can choose from various floor plans that come with elegant interior finishes like granite countertops and backsplashes, flush panel cabinetry with hidden hinges, modern lighting fixtures, ceramic tile showers and double vanities in the master bath. The units feature 11-13 foot high ceilings, stained concrete floors and oversized, private balconies that provide incredible views of the city.

Building amenities include on-site gym, rooftop pool, covered terrace, secured parking garage, elegant resident lobby and controlled and monitored building access, including entry camera closed-circuited to each unit. The Plaza Lofts’ proximity to the Central Business District, the downtown nightlife and Lady Bird Lake makes it the perfect home for those that value luxury and want to be in the middle of it all: dining, arts and recreation.

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Condo of the week: Milago Condos

About Milago Condos 

Milago Condos is not your ordinary urban dwelling in downtown Austin. Situated near Lady Bird Lake and all the exciting spots in the area, the development is a popular choice among urban dwellers who want to live as close to nature as they can. Located at the end of Rainey Street near Town Lake Trail, this 2006 development boasts of its own fitness center, rooftop pool, lounge, and a scenic third-floor terrace with spectacular views of the park and the lake. Milago Condos are priced between $270,000 to $1,000,000, depending on the unit size and the views. With flexible floor plans, buyers can choose from studio-sized condos to 3-bedroom penthouse units. All units enjoy views of downtown, the park, and the Lady Bird Lake.

Milago Condos residents can easily enjoy a healthy morning or afternoon stroll; the Town Lake Trails are just a stone’s throw away. Kayaking at the lake is a common recreational activity in the area, as well as enjoying a game of Frisbee at Zilker Park. If urban fun is what you are looking for, Rainey Street can provide your dining, entertainment, and shopping needs. 

Useful Milago Condos Links

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Condo of the week: 904 West Condos

About 904 West Condos 

904 West Condos is an eco-friendly condo development project in Central Austin that boasts of individually-metered rooftop solar panels, residential units that use 100% LED lighting and tankless water heaters that service every unit in the project. 904 West boasts of its one-bedroom residential units with their modern hardwood floors, granite countertops, and walk-in closets. 904 West also has offices available for lease, servicing SME’s looking for a strategic location in downtown Austin. 904 West takes pride in its warm and homey atmosphere, modern interiors, landscaped gardens, and a well-maintained community pool for its residents.

 

Its convenient location makes it a favorite among young families and professionals, thanks to its easy access to the business district and the nature parks in the area. Duncan Park is just a stone’s throw away, offering a temporary respite from the bustling city life. Residents can jog through Shoal Creek Trail and pass by scenic Lady Bird Lake. 904 West is also close to shopping and dining options like Whole Foods. All in all, 904 West presents an eco-friendly abode to residents looking for a home in the city. You can visit 904 West along West Avenue between 10th Street and 9th Street. ...

What is the 'Full House' home up to these days?

Cain TeamWith the Netflix spinoff of Full House, "Fuller House" in full swing, the crazy is all the same! Realtor.com decided to take a closer look at how the famous home has been doing and who the possible owners were. 

The gorgeous Victorian, whose exterior appears in the opening credits for "Full/Fuller House," is located at 1709 Broderick Street in the Pacific Heights neighborhood of San Francisco. Even though the show is filmed entirely in a studio elsewhere, the home has gained quite the drawings of fans over the years.

The interest in the home has since then rocketed since the sale of the home to the new owner, Jeff Franklin, the producer of both "Full House" and "Fuller House." Jeff purchased the home in April 2016 and set forth plans to renovate the interior to finally match the set. Jeff was said to have various ideas with the course of the renovation, to possibly use it to film new footage of "Fuller House", or stage a sleepover for the cast, or just maybe rent of out the place.

Since the initial renovation interest, the plan has been granted although, there are some not to happy neighbors in the mix. Two of Franklins neighbors have recently filed a request for a "discretionary review" hearing, which could throw a wrench in moving forward. The surrounding neighbors are concerned that the reno plans might make the neighborhood even more overrun than ever. 

Franklin “is a Hollywood producer who has bought the house for commercial purposes—promoting it as a fan destination, using it for promotional events and filming at the house,” complained neighbor Carla Hashagan in the ...

Condo of the Week: Brazos Place Condos

About Brazos Place

Brazos Place is a 14-floor high-rise located at 8th and Brazos in exciting Downtown Austin. Completed in 2008, Brazos Place Condos, or lofts rather, feature concrete floors, exposed ceilings, and the most upscale and current interiors around. Brazos Place lofts vary from studio-sized (378 square feet) to 3-bedroom penthouses and are priced anywhere from $250K to $1.5M, depending on their size. Just a few blocks from the Texas Capitol, Brazos Place residents live in and near some of the most historic areas in Texas.

Apart from the rich history surrounding Brazos Place, residents can also take advantage of the nearby entertainment, retail, and dining—some of the best in town. With Stubb’s Barbeque, a popular concert venue and restaurant, the Alamo Drafthouse on 6th St, and some of Austin’s finest art galleries close by, Brazos Place residents will never have to travel far for a good time. Amid the history and exhilarating atmosphere of its surroundings, Brazos Place offers one of the best places from which to enjoy all that Downtown Austin has to offer. Brazos Place is located at the intersection of Brazos Street and 8th Street. The zip code for Brazos Place is 78701.

Brazos Place Useful Links

New Orleans to Build New Crop of high-end Condos

After years of touring apartments, John and Kim Andrews of Laguna Hills were soon to give up on finding a spot in their beloved New Orleans area.  The Andrews typically looked in industrial buildings and had yet to find anything that really knocked them out.

The couple recently walked by the sales office of the Standard, still under construction. The building, designed by Morris Adjmi, offers 89 luxury condos, an outdoor pool, outdoor kitchens, a concierge, and covered parking. This property included features that reminded Mr. Andrews of the properties in New York or Los Angeles. They signed a contract for a 1,407-square-foot two-bedroom with two baths for just over $1.1 million. 

For the first time, New Orleans has a critical mass of luxury condos set to enter the market, deluxe finishes and amenities included. 

"Developers—some local business people relatively new to real estate—are betting they can lure a more discerning, affluent buyer: empty nesters shedding suburban houses for the city’s walkable downtown, and newcomers ready to buy into the Big Easy’s eclectic lifestyle."

To learn more about various Luxury Condos construction in the U.S click here. 

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Condo of the Week: Shore Condos

The Shore is a 22-story luxury high-rise condominium located in Austin’s Rainey Street District with panoramic views of the Colorado River and the twinkling lights of Austin’s city skyline. This 192 unit condo tower offers studio and 1-2 bedroom units averaging 1,200 square feet in size. 

It is an urban oasis surrounded by tranquil green spaces and has one of the most beautiful outdoor living areas in Downtown Austin. It is within walking distance of Lady Bird Lake and Ann and Roy Butler Hike and Bike Trail. Lakeside recreation and classic Austin city life is available right at the building’s doorstep.

The Shore offers residents amenities suitable to the finest resort. In-house amenities include 24-hour security, a luxurious lobby, controlled-access parking, a spacious outdoor terrace with a calming lap pool, and a top-of-the-line fitness center. This environmentally-friendly building is certified by the Austin Green Building Program.

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AISD sells HQ site and Baker Center for $53 million in Land Sales

Austin Independent School District is selling its headquarters campus on West 6th Street to an active local developer and plans to move its administrative offices to a building outside of downtown on South I-35. 

Downtown Austin Aerial view

AISD trustees voted Monday night to sell the Carruth Administration Center at 1111 W. Sixth to Schlosser Development Co. for $35.5, according to multiple media reports. The company executives plan to redevelop the existing buildings - more than 158,000 square feet of office and residential space across five buildings. It has also been rumored that the company could potentially demolish the buildings and construct something new from the ground up. 

Fortunately, the property isn't in Capitol view corridor that would limit building heights. Schlosser is busy in the downtown Austin Area, as they are putting finishing touches on the Shoal Creek Walk office tower three blocks east. 

Other land sales approved Monday by AISD:

• $3 million, former Millett Opera House (home of the Austin Club) at 110 E. Ninth St. to the Foundation for the Preservation of the Historic Millett Opera House

• $1.96 million, eight acres at the southeast corner of Tannehill Lane and Jackie Robinson Street to city of Austin

• $920,000, 1.2...

South West Austin Condo Just Listed!

6718 Silvermine Dr #901 Austin, TX 78736

$169,997 | 1,072 Sq.Ft. | 2 Beds | 2 Baths

6718 Silvermine Drive

Awesome condo in a great location. Airy open floor plan, tile and wood floors, many updates! Located near Y at Oak Hill offering easy access to downtown, Lakeway, Dripping Springs, and other Greater Austin Areas. From the private patio to the easy flowing living/dining spaces along with the community pool, ample areas for friends and family to gather. You're going to love your new home!

For more information click here.

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TxDOT Considers Adding 2 Toll Lanes to I-35

In an effort to assist with congestion on Interstate 35 through downtown Austin, the Texas Department of Transportation is looking at adding two managed express lanes, where fees are increased during heavy traffic and lowered during light traffic, in each direction.

Local officials announced the $8 billion project, titled Capital Express, at the Austin Chamber of Commerce Regional Growth Summit meeting Monday. The toll lanes are expressed to be very similar to Mopac's single express lane. TxDOT Public Information Officer Diann Hodges said the express lane would stretch 33 miles from RM 1431 in Round Rock to SH 45 Southeast near Buda.

The main concern is the congestion in downtown. "Because of the constraints and the fact that we cannot widen the roadway, we're actually going to go down," said Hodges. 

Along with adding two additional lanes, TxDOT said I-35 through downtown Austin would be lowered, and it is possible that the plan could involve removing the upper decks that stretch from Martin Luther King Boulevard and Airport Boulevard. 

"We only get one shot to rebuild and improve I-35 through downtown Austin, so we have to do as much as is reasonable within the existing footprint to enhance mobility and lower it," said Senator Kirk Watson.

Many were thrown off by the decision to create toll lanes rather than general purpose lanes. TxDOT said that if that were the case, the lanes would clog quickly. 

"This is a way to kind of control that traffic," said Diann Hodges. "Provide some relief to those general purpose lanes but also provide those who may need to get somewhere in a hurry, that opportunity."

Before this project will begin, the public will input from previous I-35 meetings will be taken into account as well as an environmental study. The...

Condo of the Week: Sabine Condos

Sabine Condos

The Sabine On 5th Condos is a former iconic office building in downtown Austin recently renovated and repurposed into residences. It is located on the banks of Waller Creek, between 5th Street and 6th Street. This unique location gives Sabine Condos distinct views of the State Capitol, University of Texas, Lady Bird Lake, and the Hill Country.

Sabine Condos houses 80 units with floor plans ranging from one-bedroom units, 600 square feet,   to two-bedrooms with 1400 square feet. It features stained concrete floors, massive windows, soaring 11' ceilings, stainless steel appliances, maple cabinetry and contemporary kitchens and baths with stunning glass tiles.

The building is close to chic cafes, museums, theaters, and a variety of Austin venues, perfectly blending prestige with trendiness, luxury with affordability. It is adjacent to the Red River District, with 3 blocks of live music venues and close to the famous 2nd Street District with a wide range of restaurants, shops, outdoor cafes, museums and outdoor activities in the nearby Town Lake complex.

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Condo of the Week: Riverwalk Condos

About Riverwalk Condos

If you are looking for an established condo community in South Austin with peaceful surroundings and a short commute to the heart of the city, then look in the way of Riverwalk Condos. The 144-unit condo development boasts a strategic location for individuals who need to be in downtown for work and at the shores of Lady Bird Lake for fun on weekends. A gated community with a diverse mix of residents, living in Riverwalk Condos means you can mingle with students, career professionals, and retirees alike. Truly a gem, the spacious units of Riverwalk Condos can offer you two- and three-bedroom layouts, each with their own exterior entrances and a share of the well-tended community landscaping.

Residents can choose between hiking at the 10-mile Lady Bird Lake Hike and Bike Trail, kayaking on sunny weekends, or a simple dip at the well-maintained community pool. Big Stacy Park and the Blunn Creek Nature Preserve are close by too-- perfect destinations for short day trips on weekends. For shopping and dining options, Riverwalk Condo residents can simply head to South Congress Avenue and the myriad of shops and food bistros that can keep you urban busy the whole day. Thanks to its close location to downtown Austin, it’s easy to spend time in the concrete jungle when you want to, or simply relax in the tranquil setting of your home when you feel like it. If what you need is a peaceful home right at the center of the action, Riverwalk Condos is the home for you. Located off of East Riverside Drive between Alameda Drive and Newning Avenue, the condos are on the shores of Lady Bird Lake and use a 78704 zip code.

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Condo of The Week: Austin City Lofts

About Austin City Lofts

Austin City Lofts feature living spaces that can be described as a mix between a simplistic-modern and elegant, embellishments influenced by European architecture. All lofts include floor-to-ceiling windows, as well as access to the pool and fitness center located in the building; perfect for a relaxing finish to any day. Austin City Lofts for sale range in price from the mid $300’s to $1.3M, and include everything from smaller, 1-bedroom lofts, to the penthouses located on the top floors of the building.

For those living in Austin City Lofts, everything is walking-distance from the building, making it easy to grab a quick bite at Frank and Angie's Pizzeria or enjoy the night-life of West 6th St.  Austin City Lofts offers luxury and convenience for those looking to live in the heart of downtown Austin.Austin City Lofts is located at the corner of West 5th Street and West Avenue. The zip code for Austin City Lofts is 78703.

Useful Austin City Lofts Links

Condo of the Week: Avenue Lofts

About Avenue Lofts Condos

Located just one block down from Austin’s thriving entertainment district, Avenue Lofts truly offers a unique downtown living experience. This 38 unit condominium community was once an office building, yet has been converted into one and two story lofts. Exposed infrastructure, stained concrete floors, and unique lighting lend a modern feel to each loft. Residents of Avenue Lofts enjoy a private pool, fitness center and covered reserved parking. Lofts range in size from 1,000 to 1,800 square feet and are priced in the $200s to $400s. The Avenue Lofts are located off of East 5th Street (South) and are bordered by East 6th Street (North), Neches Street (East) and Trinity Street (West). The zip code for Avenue Lofts is 78701.

Useful Avenue Lofts Links

Avenue Lofts School Links

HOT NEW LISTING! 1829 Coronado Hills Dr

1829 Coronado Hills Dr.

Welcome to Coronado Hills. Situated in a secluded neighborhood with easy access to cross town highways. Enjoy over-sized bedrooms, welcoming kitchen and living dwellings, refined wood and lavish finishes throughout interior and exterior. Beautifully equipped media room and surround sound system to allow for comfort and ample opportunity for guest entertainment! Luxurious backyard resort-style pool, outdoor kitchen, and patio provides for an instant vacation featuring waterfall, hot tub, covered patio overlooking greenbelt and beautiful Austin hill country.

Easy access to beautiful Downtown Austin and close shopping in the area. With a plethora of community amenities such as tennis courts and pool, undoubtedly this fantastic home will be top of mind for all that have the opportunity to view it. 

For more information about this listing, please click here. 

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Condo of the week: 360 Condos

About 360 Condos

The 360 Residential Condominiums are conveniently situated along Shoal Creek, on the western end of downtown Austin. Residents enjoy easy walking distance to restaurants, clubs, hike, and bike trails, Lady Bird Lake, Republic Square Park, the Second Street District, the Warehouse District, and many other destinations. At 44 stories and 581 ft (177.1 m) to the tip of the spire, 360 is the second tallest all-residential building in Texas. Built in 2008, the 360 Condos are considered part of Austin's Market District, an area of downtown Austin named after the flagship Whole Foods development at its heart.  

Useful 360 Condos Links

Things You Need to Know about U-Texas' Diversity and Inclusion Plan

The University of Texas is constantly drumming up ways to better their program and work to give students, and staff an exemplary experience. This plan was created to work towards making a "comprehensive guide to the institution as it supporst a more diverse and inclusivve campus culture," says Gregory Vincent, the vice president for diversity and community engagement.

“This plan strengthens these efforts and helps make certain we are all doing our part of building a strong, inclusive culture where all members of the community are respected and the educational experience for our students is enhanced by diverse people, scholarship and ideas.”

The plan focuses on eight areas: University leadership, staff, students, faculty, communication, campus climate and culture, alumni and community and pre-K-12 partnerships.

  • Investments will be made to bring more student housing for freshmen
  • It will create a long-term transportation plan
  • It calls for more faculty and staff inclusion training
  • It will establish a university-wide testing center
  • It calls for renewed student recruitment and admissions effort

The University will expand minority outreach and recruitment plans as well as include early financial aid packages during the recruitment process. The plan will also play a huge role in the University's overall admissions process.

To read more about this new plan, click here to read the full article from which this blog was based. 

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Construction on Austin's Newest Luxury Apartments Near Wholefoods HQ Now Underway

Oden Hughes LLC and CWS Capital Partners LLC have created a joint venture to build an upscale apartment community just west of downtown near the flagship Whole Foods Market Inc. store on Sixth Street.

The 226-unit complex with associated retail has broken ground at 1301 W. Fifth St. on a 1.6-acre site that previously was occupied by an AT&T office building and fleet parking lot.

Documents at the city of Austin show that the project is valued at nearly $29 million. About 10 percent of the units — one, two and three-bedroom floor plans — will be leased at below market rates to qualified households.

The development is scheduled to deliver in late 2018, including the 2,200-square-foot retail space on the ground floor. The contemporary styling is by Austin-based Kelly Grossman Architects.

Austin-based Oden Hughes previously built multifamily projects on behalf of CWS — including the recently completed Water Marq mid-rise at 300 E. Riverside Drive.

Oden Hughes also has a track record of building its own projects, including the 339-unit Lenox Boardwalk that will begin welcoming tenants in June. The apartment complex in East Austin is down the street from the $300 million Oracle (NYSE: ORCL) campus, which is under construction. At least 500 employees are expected to work at Oracle, supporting the tech giant’s burgeoning cloud-based technologies...